[144] NETGEAR, INC. SEC Filing

Rhea-AI Filing Summary

Netgear, Inc. (NTGR) Form 144 notice shows a proposed sale of 2,047 common shares scheduled for 09/29/2025 through Morgan Stanley Smith Barney LLC, with an aggregate market value of $59,874.75. The shares were acquired as Restricted Stock Units from the issuer on 05/29/2025 and were vested/received the same day. The filer previously executed a 10b5-1 sale on 08/22/2025 disposing of 11,757 shares for gross proceeds of $306,876.71. The filing includes the representation that the seller does not possess unpublished material adverse information.

Positive

• Filer provided required disclosure under Rule 144, including acquisition details and broker information
• Shares originated from Restricted Stock Units issued by the company, showing internal compensation vesting rather than open-market purchase
• Prior 10b5-1 sale disclosed, indicating use of a prearranged trading plan for at least one prior sale

Negative

• None.

Insights

Corporate Governance Expert

TL;DR: Routine insider sale of recently issued RSUs; disclosure meets filing requirements and appears procedural rather than strategic.

The filing reports a modest proposed sale of 2,047 common shares derived from Restricted Stock Units issued on 05/29/2025. Use of a broker and the presence of prior 10b5-1 sales indicate structured, prearranged disposition activity rather than opportunistic insider trades. The proposed sale size relative to the reported 29,008,557 outstanding shares is immaterial, suggesting limited governance or control implications. Compliance with Rule 144 notice requirements is evident from the included representations.

Securities Analyst

TL;DR: Small insider liquidity event; not material to NTGR capitalization or float.

The transaction is the sale of 2,047 shares valued at approximately $59.9k, following acquisition as RSUs on the same day. A recent 10b5-1 sale of 11,757 shares for $306,876.71 is disclosed, indicating ongoing planned sales. Given the outstanding share count of 29,008,557, these transactions represent a negligible portion of equity and are unlikely to affect market supply or share price materially. The filing contains required attestations but provides no commentary on intent beyond standard representations.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	2047	59874.75	29008557	09/29/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	05/29/2025	Restricted Stock Units	Issuer			2047	05/29/2025	N/A

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
10b5-1 Sales for SHRAVAN GOLI 350 East Plumeria Drive San Jose CA 95134	Common	08/22/2025	11757	306876.71

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What shares does the NTGR Form 144 propose to sell?

The notice proposes sale of 2,047 common shares of NTGR.

When is the proposed sale scheduled and through which broker?

The approximate date of sale is 09/29/2025 via Morgan Stanley Smith Barney LLC.

How were the shares acquired by the seller?

The shares were acquired as Restricted Stock Units from the issuer on 05/29/2025.

Has the seller conducted recent sales in the issuer's stock?

Yes. The filing discloses a 10b5-1 sale on 08/22/2025 of 11,757 shares for $306,876.71 in gross proceeds.

How large are these sales relative to shares outstanding?

The filing reports 29,008,557 shares outstanding; the proposed 2,047-share sale is immaterial as a percentage of that total.